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Replacement Capital Distribution

27 Sep 2019 16:25

RNS Number : 0198O
Origo Partners PLC
27 September 2019
 

NOT FOR RELEASE IN ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OTHER THAN THE UNITED KINGDOM

The following amendment has been made to the 'Return of Capital' announcement released on 27 September 2019 at 07:05 under RNS No 8612N.

 

The second sentence of the announcement referred to "eighty per cent of that amount will be distributed to the holders of the Company's redeemable preference shares at 0.02947 cents per redeemable preference share and twenty per cent of that amount will be distributed to the holders of the Company's ordinary shares at 0.00117 cents per ordinary share".

 

This should have read as "eighty per cent of that amount will be distributed to the holders of the Company's redeemable preference shares at US$0.02947 per redeemable preference share and twenty per cent of that amount will be distributed to the holders of the Company's ordinary shares at US$0.00117 per ordinary share.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

27 September 2019

Origo Partners Plc

Replacement Return of Capital

Origo Partners Plc announces a return of capital of approximately US$2.1 million to shareholders of record as at 4 October 2019 with payment to be made on or around 31 October 2019. Pursuant to the Company's Articles of Association, eighty per cent of that amount will be distributed to the holders of the Company's redeemable preference shares at US$0.02947 per redeemable preference share and twenty per cent of that amount will be distributed to the holders of the Company's ordinary shares at US$0.00117 per ordinary share.

Ends

For further information about Origo please visit www.origoplc.com or contact:

 

 

Origo Partners plc

John Chapman

Chairman

IOMA House

Hope Street

Douglas

Isle of Man IM1 1AP

Nominated Adviser and Broker

Arden Partners plc

Steve Douglas

Ben Cryer

 +44 (0)20 7614 5900

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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